Polymarket traders see 37% chance of ETH reclaiming $1,900 this week

Traders on the prediction market Polymarket are pricing the probability of ETH reclaiming the $1,900 level this week at just 37%. The bearish outlook follows a drop below this key support level yesterday for the first time since February, occurring amid a broader crypto market downturn driven by Bitcoin sell-offs and sustained ETF outflows. The negative market sentiment appears to have significantly lowered the weekly price target for ETH. Meanwhile, ETH is currently trading at $1,855.9 on the decentralized exchange Aster, down approximately 6.55%.